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Yazar: Adam Smith

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First, the market of Europe has become gradually more and more
extensive. Since the discovery of America, the greater part of
Europe has been much improved. England, Holland, France, and
Germany; even Sweden, Denmark, and Russia, have all advanced
considerably, both in agriculture and in manufactures. Italy
seems not to have gone backwards. The fall of Italy preceded the
conquest of Peru. Since that time it seems rather to have
recovered a little. Spain and Portugal, indeed, are supposed to
have gone backwards. Portugal, however, is but a very small part
of Europe, and the declension of Spain is not, perhaps, so great
as is commonly imagined. In the beginning of the sixteenth
century, Spain was a very poor country, even in comparison with
France, which has been so much improved since that time. It was
the well known remark of the emperor Charles V. who had travelled
so frequently through both countries, that every thing abounded
in France, but that every thing was wanting in Spain.

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